Congress ends 2020 with a COVID-19 relief package, a ruling on furniture flammability, and an update on the Section 301 Vietnam investigation. The end of the calendar year is always a busy time in Congress as leaders work to enact priorities before breaking for the holidays. The recent end of
Congress really wants small businesses to keep borrowing through the Paycheck Protection Program. By unanimous consent Tuesday, the Senate agreed to a measure introduced by Sen. Ben Cardin (D-Md.) extending the popular lending program to Aug. 8. Late this afternoon, the House of Representatives took similar action. The PPP hit
A bipartisan bill pending in the U.S. Senate would end “confusion” about tax liabilities related to Paycheck Protection Program loans, Home Furnishings Association members were told Wednesday. HFA’s Government Relations Action Team held a conference call with Andrew Siracuse, tax counsel for Sen. John Cornyn (R-Texas). Cornyn introduced the Small
Anecdotally, it seems that almost every member of the Home Furnishings Association tapped into the Paycheck Protection Program. For any qualifying furniture retailers that didn’t, it’s not quite too late. The deadline for applying to the small business lending program ends June 30. If you want to apply, you should
The Paycheck Protection Program is the primary lending vehicle for small businesses. It was created in the Coronavirus Aid, Recovery and Economic Security Act and originally funded with $350 billion. After that was depleted, another $310 billion was added. Recipients can qualify for loan forgiveness if they meet certain criteria.
Today, customers are not just comparing prices, they are comparing experiences. Especially in furniture and mattress retail, where purchases are
Winning the hearts and loyalty of customers takes more than just offering attractive products or competitive pricing. It demands a
Most retailers understand the fundamentals of visual merchandising. They know how to build a vignette, create a focal point, and
Nearly 40% of U.S. consumers are non-prime, and their needs shape how they research and shop with furniture merchants.1 New
The Customer Journey is No Longer Linear Picture this scenario: A customer sees your sectional sofa on Instagram. She clicks
The Right Way to Use AI in Retail Marketing (and What to Avoid) Artificial intelligence is rapidly reshaping marketing and its impact on retail
Building a Brand Shoppers Believe In: Authentic Storytelling Today’s furniture shoppers buy from brands they trust. In this live event and Q&A, industry leaders
